PlanOptica
Retirement plan

NINE MILE POINT PENSION PLAN

EXELON CORPORATIONEIN 23-2990190Plan #021PY 2018
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10 S. DEARBORN STREET, 50TH FLOOR - CHICAGO, IL 60603312-394-2819exeloncorp.comLinkedIn10001+ employeesutilities
Other plans on this EIN
10 filings
#002Retirement-$10.42B assets#003Retirement-$8.55B assets#022Retirement-$2.10B assets#004Retirement-$2.08B assets#016Retirement-$1.45B assets#013Retirement-$389.5M assets#018Retirement-$318.0M assets#012Retirement-$78.1M assets#005Retirement-$75.9M assets#014Retirement-$55.3M assets
Prospect flagsLow returnsLow employer contribution

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(312) 394-2819
Plan administrator signer
WILLIAM BERGMAN
Signed 10/11/2019
How to read this page

Summary metrics

Total assets (EOY)
$137M
-5.0% from 2016
Total participants
1,153
-0.3% from 2016
Average account balance
$0
No prior year
Annual return
-7.71%
-16.77 pp from 2016

Benchmarks

See 66 peers
Peer group
Industry22 - Utilities
Plan typeDefined benefit
Participants250-999
Cohort66 peers
Snapshot2018
Participant deferral / active EE
$0
median $199
Employer contribution / active EE
$8,097
median $18,675
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $95,887
Admin fee / account holder
$0
median $296
Annual return
-7.71%
median -5.91%
Overall peer rank
12th percentileavg across 6 metrics

Analytics

2015 - 2020
Total assets (EOY)
Plan-year ending balance
$144.29M
Average account balance
Total assets / participants with a balance (line 6g)
$130K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
181
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$10.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$11K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.61%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 7 by compensation
ProviderService typeCompensation
TOWERS WATSON DELAWARE INC3 years
Service code 11 · EIN 53-0181291
Actuarial
$103,758
ALIGHT SOLUTIONS, LLC2 years
Service code 15 · EIN 82-1061233
Recordkeeping
$89,107
EXELON BUSINESS SERVICES CO4+ years
Service code 14 · EIN 23-3063219
Plan Administrator
$44,591
BLACKROCK INSTITUTIONAL TRUST CO4+ years
Service code 28 · EIN 94-3112180
Investment Management
$34,382
NORTHERN TRUST CORPORATION4+ years
Service code 19 · EIN 36-1561860
Securities Custodian
$25,808
MITCHELL & TITUS, LLP1 year
Service code 10 · EIN 13-2781641
Accounting
$15,945
ACCENTURE1 year
Service code 16 · EIN 72-0542904
Consulting
$7,120

Enrolled actuary

1 attachment
SB

JUDY M. KRUSE

WILLIS TOWERS WATSON US LLC
Enrollment #1705907
233 SOUTH WACKER DRIVE, SUITE 1800
CHICAGO, IL 606061615
(312) 525-2500
Signed 2019-10-02

Plan features & details

Pension benefit codes1A1C3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped
  • OpportunityLow employer contribution

    Employer contribution per participant is in the bottom quintile of the peer cohort.

  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II
Admin total
$542K
$549 / participant
  • Investment mgmt$34K6.3%
  • Contract admin$89K16.4%
  • Other / not subdivided$419K77.2%
% of EOY assets
0.396%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
MITCHELL & TITUS, LLP
Auditor EIN
132781641
Audit fees
(not subdivided)
Opinion code
Unqualified